From Google: 2024-10-20 07:00:00

Venture investors are placing a substantial, unprecedented wager on artificial intelligence (AI). In the first quarter of 2021, $5.2 billion was invested in AI startups, an 80% increase from the previous quarter. The top three deals accounted for 37% of the total funding, with Cerebras Systems, SambaNova Systems, and Tempus raising significant amounts. The AI industry is experiencing rapid growth and attracting significant financial support.



Read more at Google: Venture investors are making a massive, unprecedented bet on AI – San Francisco Examiner